Institute of Asian Studies is sorry that we have to cancel the special talk on “Abenomics: Has it worked? Will it fail?” by Sebastien Lechevalier due to some technical problems. We thank you for your kind interest and support to our academic activities.

Abenomics: Has it worked? Will it fail? By Sébastien Lechevalier

on October 12, 2017 at 10.00-11.00 hrs

at room 307, 3rd floor of Prajadhipok Rambhai-Barin bidg.

Chulalongkorn University

Abenomics initially generated high expectations but it has more recently come to be seen as yet another failed economic experiment. Yet discussion of Abenomics often verges on caricature. It is thus crucial to provide a critical and balanced evaluation. We argue that, over the past four years, the proactive policies pursued under Abenomics have played a decisive role in reversing one cause of the Japanese slowdown – inconsistent economic policies – and that they are now yielding preliminary results. We are more critical in regards to long-term issues: as the case of trade policy shows, the problem is not so much a lack of structural reform as limits to its ability to increase Japan's growth potential.